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Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasn’t a factor, AMP’s Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industry’s job to kill preconceptions and engage clients.... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional indemnity, according to new research released... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December 2004 and June 2012, according to a joint study... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store. The amount of money paid out... read more

Insurance Articles

Business Interruption Insurance - Things Every Business Needs to Know
Any business, small, medium or large is susceptible to damages from events like natural calamities, or man-made disasters. They may be forced to shut down their business due to lack of sufficient financial... read more

Purchasing Business Insurance for the First Time? Things You Need to Know
Having adequate business insurance is primary to every business, regardless of its size, geographic location or product it offers. While running a business you need to deal with complex issues that may... read more

Understanding the Need for Public Liability Insurance for Businesses
Public liability insurance covers the claims made against the business by the public or any third party, who suffers a loss or injury at the business premises due to the business owner's negligence. Many... read more

Car Insurance - Why Is Young Driver Car Insurance So Expensive?
The cost of insurance for young drivers is often prohibitive. 17 year old drivers will pay the highest premiums... WHY? read more

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Knowledgebase

Professional indemnity: An insurance that provides cover for liability incurred in the course of exercising a profession.